Legal Question in Elder Law in Illinois

can my grampa sell me his house if he is on a spin down through public aide


Asked on 4/26/10, 1:06 pm

1 Answer from Attorneys

Gregory Turza Law Offices of Gregory P Turza

He can sell it you but then he needs a plan to spend down the cash he gets from the sale. Also, the home is an exempt asset so he doesn't necessarily have to spend it down in order to qualify for Medicaid.

Medicaid planning is complicated. You need a specialist. Feel free to visit www.legacylaws.com.

Read more
Answered on 5/02/10, 2:23 am


Related Questions & Answers

More Elder Law questions and answers in Illinois